China began issuing permanent residence permits in 2004, however, the green card is among the most difficult in the world to obtain due to stringent requirements. Between 2004 and 2015, Beijing issued only 1,700 permanent residence permits. To attract more foreign talent and facilitate Zhongguancun’s development, Beijing started a pilot project in March 2016 that enables foreign startups or skilled professionals in the science park to apply for permanent residence.

In 2016, China’s financial flows to Latin America were higher than those of the World Bank, the Inter-American Development Bank and Latin America’s Development Bank put together. This is a chance to raise China-LAC links to the next level.

Antony K Leung, a former financial secretary of Hong Kong, said on Thursday in Beijing that the next chief executive of the Special Administrative Region (SAR), who is going to be elected in 10 days, needs to focus on economic growth and improving people’s well-being rather than underscoring politics.

According to official data, 170,000 foreigners, or less than 1 per cent of Shanghai’s population, lived in the city for at least six months in 2015. To meet its target, Shanghai will have to attract 630,000 more by 2035, the same deadline by which it plans to cap its population at 25 million. If it did get there, the city would have more expatriates than Hong Kong.

New social classes get bureau From: Global Times Tweet New groups highly mobile, scattered and active thinkers China announced Monday it has established a new bureau to unite new social classes, including people working in new media, a move…